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WHIS Whistler Investment (MM)

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Share Name Share Symbol Market Type
Whistler Investment (MM) NASDAQ:WHIS NASDAQ Common Stock
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Whistler Investments (WHIS) is set to begin production of the first North American version of the new E-Cobra at Newly Acquired

01/06/2004 1:48pm

PR Newswire (US)


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Whistler Investments (WHIS) is set to begin production of the first North American version of the new E-Cobra at Newly Acquired Manufacturing Facility. LAS VEGAS, LOS ANGELES, SHANGHAI, June 1 /PRNewswire-FirstCall/ -- Whistler Investments Inc. (OTCBB: WHIS) (http://www.whistlerinvestments.com/) subsidiaries, R-Electric Car Company (http://www.r-electriccar.com/) Global Electric Corporation, (http://www.globalelectric.com/) and Solium Power Corp (http://www.soliumpower.com/) emerging leaders in the development and marketing of lithium ion vehicles and lithium ion powered products worldwide, announced today, in response to a recent bilateral production deal with China's Geely Corporation (http://www.geely.com/) a North American production facility is now underway to meet market demands for their highly acclaimed lithium-Ion vehicles and products. The inaugural unveiling of the E-Cobra will take place on National television during a taping of the MONEYTV (http://www.moneytv.net/) on Thursday June 3, 2004. This vehicle will be Whistler Investments first large scale internally produced vehicle. Holly Roseberry, President of Whistler Investments stated, "With our new ability to manufacture vehicles in large volume we are now truly able to start meeting the demand for our revolutionary lithium-ion products. This year we anticipate opening several production plants. Our products have already garnered significant government and public sector demand. We are proud to be an early leader in the field of zero emission products, specifically at the time of record high oil prices and record output of Global warming carbon emissions into our environment." To meet early adapters and public demand for the new E-Cobra urban vehicle, a direct marketing campaign is underway and a consumer-direct website program is scheduled for launch within 30 days. Our website program will allow purchase, vehicle adaptation and shipping all via the Internet. The E-Cobra Bike features a top speed of 60 MPH and a range of 60 miles for over 1,000 charges. Its speed and range are twice that of our nearest competitor; the 1000-charge life of the battery triples our nearest competitor. All this for the same price! Higher, 90 and 120 mile, ranges will also be available as additional options. About Geely (http://www.geely.com/) Geely Group Co, Ltd Overview Geely Group Co., Ltd (Hereafter as Geely) founded on Nov. 6, 1986, made its debut in manufacturing parts for the refrigerator-evaporator, and is located in Huangyan, Luqiao, Taizhou city, Zhejiang Province. 1989 Geely entered the advanced decoration material industry and manufactured the first magnalium bent board in China April, 1994, Geely began working in the motorcycle industry. By June, the first motor scooter in China was manufactured by Geely. In 1995 the total sales were 60,000 and by 1996, increased to 200,000. Geely became the largest motorcycle manufacturing enterprise in China. May, 1996, Geely Group Co., Ltd was organized. March, 1997 Geely branched into the Higher-education industry. Now Geely has three colleges. Beijing Geely University has become one of the few private-owned universities with the independent right to authorize Higher Education Diplomas in Beijing city. 1997 Geely entered the Automobile Industry. August 8, 1998. The first Geely Car launched in Linhai City Zhejiang Province. November 9, 2001 and December 26, 2001. China State Economic and Trade Commission approved Geely Automobile's JL6360, HQ6360, MR6370 and MR7130 series to be listed on SETC automobile products public catalogue. Geely automobile became the first approved private enterprise in terms of automobile manufacture in China. May 25, 2003, Mr. Xugang, once a member of Zhejiang Provincial Financial Hall Leading Party Members Group, a chief accountant of Local Taxation Bureau of Zhejiang Province, came to Geely group as CEO, directing Geely toward a professional manger-operated enterprise from family-operated one. About Whistler OTCBB-WHIS http://www.whistlerinvestments.com/ Whistler Investments, Inc. (WHIS) is emerging as a leader in the development and marketing of Lithium Ion vehicles and Lithium Ion powered products worldwide. Whistler believes our superior technology coupled with an aggressive marketing plan will establish our company on the world stage. With the global focus moving rapidly towards addressing pollution, the need for sustainable, zero emission energy is current. As legislation is dictating a move towards this type of energy, we foresee this industry as one of the fastest growing segments within the global economy. For more information about Whistler Investments, please visit our website at http://www.whistlerinvestments.com/. Contact: Whistler Investments Investor Relations: (888) 669-1808 or (604) 681-2799 Forward Looking Statement This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements. DATASOURCE: Whistler Investments, Inc. CONTACT: Whistler Investments, Investor Relations: (888) 669-1808 or (604) 681-2799,

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